Kalahridhaan Trendz Limited IPO
NSE SMEListed On: Feb 23, 2024 at ₹ 47.15
₹ 135000 /3000 Shares
Check Allotment15 Feb, 2024
Open Date20 Feb, 2024
Close Date21 Feb, 2024
Allotment Date23 Feb, 2024
Listing DateIssue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
47.15Listing Date
2024-02-23Market Lot
3000 Shares (₹135,000/-)Lead Manager
Interactive Financial Services LtdIssue Size
4,998,000 shares(aggregating up to ₹22.49 Cr)Retail Portion
50%Subscription
8.59 timesKalahridhaan Trendz Limited IPO Details
Kalahridhaan Trendz Limited IPO is an SME IPO, priced at ₹45 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 49,98,000 equity shares, aggregating up to ₹22.49 crores..
The IPO bidding window is open from Feb 15, 2024 to Feb 20, 2024. The allotment is expected to be finalized on Feb 21, 2024, and the tentative listing date is Feb 23, 2024.
The minimum lot size for retail investors is 3000 shares, with a minimum investment of ₹1,35,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,70,000.
Interactive Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Sunflower Broking Private Limited will act as the market maker for this issue.
Kalahridhaan Trendz Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 23,73,000 | 23,73,000 | 47,46,000 |
| Day 1 - 15-02-24 06:00 PM | 0.20 x | 1.32 x | 0.76 x |
| Day 2 - 16-02-24 06:00 PM | 1.11 x | 2.46 x | 1.78 x |
| Day 3 - 19-02-24 06:00 PM | 1.82 x | 4.46 x | 3.14 x |
| Day 4 - 20-02-24 06:00 PM | 6.82 x | 10.36 x | 8.59 x |
Kalahridhaan Trendz Limited Valuations
EPS Pre IPO
₹5.46/-EPS Post IPO
₹5.57/-P/E Pre IPO
8.24P/E Post IPO
8/08ROE
42.09%ROCE
17.39%Debt/Equity
3.19RoNW
36.75%Price to Book Value
1.51Kalahridhaan Trendz Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 10,962.55 | 10,297.94 | 5,979.36 |
| Revenue | 18,417.01 | 18,390.46 | 13,235.91 |
| Profit After Tax | 666.01 | 246.20 | 110.54 |
| Net Worth | 1,202.78 | 536.77 | 290.56 |
| Reserves & Surplus | 1,202.78 | 536.77 | 290.56 |
| Total Borrowing | 6,105.33 | 5,249.90 | 3,145.56 |
About The Company
Kalahridhaan Trendz Limited Company was established in 2016. The company specializes in fabric dyeing and processing.
Manufacturing and trading of fabrics with embroidery, trading of grey fabrics, buying of grey fabrics, and printing and dyeing of suiting, shirting and dress fabrics for sale in the B2B market
The two divisions in the company are:
Embroidery and knitting
Dyeing and printing of cloths
The company's manufacturing facility is at Ahmedabad, Gujrat with 1.00 lakh metres/day production capacity.
As on 31 December, 2023, the company had permanent employees of 12 in various departments of the company.
Kalahridhaan Trendz Limited - Promoter(s)
Pre Issue Share Holding: 96.22%
Post Issue Share Holding: 68.24%
- Niranjan Agarwal
- Aditya Agarwal
- Sunitadevi Agarwal
Kalahridhaan Trendz Limited IPO - Issue Objectives
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses.
Other Details
Kalahridhaan Trendz Limited
57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad - 382405Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Kalahridhaan Trendz Limited IPO - FAQs
Ans. Kalahridhaan Trendz Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 15, 2024, and closes on Feb 20, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Kalahridhaan Trendz Limited IPO opens on Feb 15, 2024 and closes on Feb 20, 2024.
Ans. The size of Kalahridhaan Trendz Limited IPO is 4,998,000 shares(aggregating up to ₹22.49 Cr).
Ans. The IPO price band is set between ₹45 per equity share.
Ans. To apply for Kalahridhaan Trendz Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kalahridhaan Trendz Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kalahridhaan Trendz Limited IPO is Feb 21, 2024.
Ans. The Kalahridhaan Trendz Limited IPO will be listed on Feb 23, 2024.
Ans. Follow the steps to check the allotment status for Kalahridhaan Trendz Limited IPO here.
